NEW DELHI: With a large number of power generation companies facing significant financial stress as dues from discoms continue mounting, industry association Association of Power Producers (APP) has sought the reintroduction of an earlier subsidy scheme for gas-based power projects. The APP also sought a dedicated auction or allocation of natural gas for the power sector alone.
In a letter sent to Union power minister R K Singh last week, APP said, with “global gas prices again on the upswing, we recommend the reintroduction of a modified E- RLNG scheme for the overall benefit of the sector, which was the initial idea behind the introduction of the E-RLNG scheme”.
